2-bed · 2,962 sqftThe Royal Atlantis Residences, Palm Jumeirah · 2nd floor · completed 2022

206, The Royal Atlantis Residences

Sold prices and rental history: sold twice, last in December 2023, and rented once, from September 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 32M11 December 2023
Current rentAED 1.95M /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, The Royal Atlantis Residences

What is 206 worth today?

Last sold for AED 32,000,000 in 2023

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1 Sep 2024RentedNew contract
AED 1,950,000/yr24 months · AED 658 per sqft
11 Dec 2023SoldReady
AED 32,000,000AED 10,803 per sqft
12 Oct 2021Sold by developerOff-plan
AED 14,925,000AED 5,033 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
2-bed apartment
Size
2,962 sqft
Floor
2nd of 49
Parking
B-R200, B-R201
Developer
Atlantis The Palm 2 Development
Completed
2022
Last sold
AED 32M · December 2023

About 206, The Royal Atlantis Residences

206 is a two-bedroom apartment of 2,962 sqft on the 2nd floor of The Royal Atlantis Residences, a 49-storey tower in Palm Jumeirah completed in 2022 by Atlantis The Palm 2 Development . It last sold on 11 December 2023 for AED 32,000,000, or AED 10,803 per sqft, 38% above the AED 7,850 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 September 2024. The current contract, signed on 1 September 2024, is AED 1,950,000 a year: a gross yield of 6.1% on the 2023 price.

Sales and rents for 206 over time

Sales
Unit 206, each saleTypical two-bed in The Royal Atlantis Residences
20M2018202120242027Typical sale price by year: 2018 AED 8,250,000; 2019 AED 11,279,305; 2021 AED 10,000,000; 2022 AED 11,322,000; 2023 AED 19,800,000; 2024 AED 17,750,000; 2025 AED 19,944,444; 2026 AED 15,765,000Sold by developer, October 2021: AED 14,925,000 (AED 5,033 per sqft)Sold, December 2023: AED 32,000,000 (AED 10,803 per sqft)

206 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 206, each contractTypical two-bed in The Royal Atlantis Residences
1.5M2M2024202520262027Typical rent by year: 2024 AED 1,300,000; 2025 AED 1,193,583; 2026 AED 1,200,000New contract, September 2024: AED 1,950,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in The Royal Atlantis Residences, and where 206 sits

All 127 2-beds →

206 last sold in December 2023 at AED 10,803 per sqft, 38% above what two-beds in The Royal Atlantis Residences were fetching at the time (AED 7,850). Over the last 12 months two-beds sold for AED 14,000,000 to 23,000,000, around AED 8,016 per sqft, and rent for AED 750,000 to 1,700,000 a year. 206's AED 1,950,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Aug 202614,000,000
1 Jul 202616,030,000
24 Jun 202615,500,000
12 May 202614,500,000
10 2-bed sales in the last 12 months

The Royal Atlantis Residences

Building

232 apartments, 2-bed to 5-bed over 49 floors in Palm Jumeirah, completed in 2022 by Atlantis The Palm 2 Development . 19 sold in the last 12 months.

Typical price per sqft
AED 8,441 Down 8.7%
Typical sale
AED 23M
Typical rent
AED 1.3M /yr
Typical yield
6.2%
The Royal Atlantis Residences, Palm Jumeirah: prices, sales and rents →
Value
2013-bedAED 15.95M · Feb 2019
2022-bedAED 14M · Aug 2026
2032-bedAED 12.5M · May 2022
2042-bedAED 6.84M · Dec 2021
2052-bedAED 6.94M · Dec 2021
2072-bedAED 24.5M · Jul 2025
2082-bedAED 14.5M · May 2026
1–7 of 8

206, The Royal Atlantis Residences in numbers

  • Sold twice: first on 12 October 2021 for AED 14,925,000, last on 11 December 2023 for AED 32,000,000 (AED 10,803 per sqft).
  • Rented since September 2024 on one Ejari contract, at AED 1,950,000 a year.
  • At AED 1,950,000 a year the gross yield on the 2023 price is 6.1%.
  • Two-beds in The Royal Atlantis Residences sold for AED 14,000,000–23,000,000 in the 12 months to November 2026; the building's median across all types is AED 8,441 per sqft.

Source: Dubai Land Department. Updated 1 September 2024.

Questions about 206, The Royal Atlantis Residences

What did unit 206 last sell for?

AED 32,000,000 on 11 December 2023: AED 10,803 per sqft for 2,962 sqft. The unit has 2 registered sales; the first was AED 14,925,000 in October 2021.

What is the rent for unit 206?

AED 1,950,000 a year on the contract signed on 1 September 2024.

How big is unit 206?

2,962 sqft (275.2 sqm): a two-bedroom apartment on the 2nd floor of a 49-storey tower completed in 2022.

What is unit 206 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Royal Atlantis Residences sold for AED 14,000,000 to 23,000,000 in the last 12 months, around AED 8,016 per sqft.

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Mortgage on 206, The Royal Atlantis Residences

Starts from the last sale price (AED 32M, 11 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 32,000,000
Deposit, UAE resident (20%)
AED 6,400,000
Deposit, non-resident (40%)
AED 12,800,000
Monthly over 25 years at 3.7%
AED 130,922

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →